California § 25129 - The property factor is a fraction, the numerator of which is the average value of
Full text of California Public Contract Code - PCC § 25129 — The property factor is a fraction, the numerator of which is the average value of, with citation guidance and answers to common questions.
§ 25129. The property factor is a fraction, the numerator of which is the average value of
The property factor is a fraction, the numerator of which is the average value of the taxpayerâs real and tangible personal property owned or rented and used in this state during the taxable year and the denominator of which is the average value of all the taxpayerâs real and tangible personal property owned or rented and used during the taxable year.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 25129
What does Public Contract Code - PCC § 25129 cover?
Section 25129 ("The property factor is a fraction, the numerator of which is the average value of") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 25129?
A common citation format is "Public Contract Code - PCC § 25129" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 25129 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.